Two of world's largest group operators, South Africa-based MTN Group and Spain’s Telefónica Group have signed a strategic partnership agreement, which enables them to work together for mutual benefit in areas such as new product offerings and combined scale in areas such as procurement. The partnership will be supported by the Telefónica Partners Program, an initiative launched by Telefónica in 2011, which includes other leading telcos covering a total of 35 markets in Europe, Latin America, Asia and Middle East.
Both companies have agreed to work together to capture synergies in a number of strategic areas, including services to multinational companies in each other’s footprint, collaboration in M2M and new digital products and services targeting the B2B segment. Additionally, both companies will also enter into discussions on how to engage effectively in International Wholesale, Devices and Network/IT Procurement and new initiatives such as Mobile Money or Big Data projects.
Herman Singh, Group Chief Digital Officer
MTN Group believes this strategic partnership with Telefónica, one of the biggest and most advanced operators in the world, will bring great benefits to MTN in enabling future growth delivery.
Telefónica, Mario Martín, Industrial Alliances Group Director
And we are especially proud of having MTN Group, a player with outstanding track record, joining forces with Telefonica under the Partners Program. We are confident that this agreement will bring important benefits to both our Groups
